DEMO 2 Key Drivers to Better Results in Your Business

2 KEY DRIVERS TO BETTER RESULTS IN YOUR BUSINESS One of the most vital numbers to know in order to make a profit is your ?Break-even?sales point. Obviously your objective in business is not to ?break-even?, however this is a great place to start avoiding losses and make profit. Break-even sales, is the amount of sales you need to make to avoid a loss i.e. to achieve a $0 profit or loss result. Obviously the objective of business isn't to break-even, but to make a profit and avoid losses. What we often hear though, is that many businesses don't know their break-even point and therefore don't set targets weekly/ monthly to ensure they are profitable. A great start to profitability is to know what your break-even point is. Once you know this, you can use it as a basis for setting your targets of profitability. You can give each salesperson, division or team individual targets to achieve overall profitability. 2 © Copyright BusinessNumbersMadeEasy.com by CAD Partners Pty Ltd
2 KEY DRIVERS TO BETTER RESULTS IN YOUR BUSINESS One of the most vital numbers to know in order to make a profit is your  ...
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To cont inue reading t his eBook and many ot her great eBooks and Bl ogs, pl ease go t o  www.businessnumbersadvisor.com a...